Tech will see an 'economic armageddon' if these tariffs stay, says Wedbush's Dan Ives

Tariffs to Take US Tech Back a Decade, Wedbush’s Ives Says

Dan Ives, senior equity research analyst at Wedbush Securities, discusses the potential impact of President Donald Trump’s tariffs on US technology companies. Ives looks at the fallout for the Mag 7, with a focus on Apple and Tesla, and weighs in on a potential TikTok sale. (Source: Bloomberg)

Top Analyst Cautions 'Economic Armageddon' For Tech Sector If Current Tariffs Stay: 'This Is As Nervous As I've Seen Investors Since Covid' - Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL)

On Thursday, the technology sector witnessed a major drop, with the Nasdaq closing 6% lower. This marked the most severe single-day decline for tech stocks in over five years. What Happened: The sharp fall triggered widespread apprehension regarding the future of the tech sector. Dan Ives, the Global Head of Technology Research at Wedbush Securities, spoke to CNBC and linked the market’s downfall to the proposed tariffs and their potential effec…

Tech will see an 'economic armageddon' if these tariffs stay, says Wedbush's Dan Ives

Dan Ives, Wedbush, reacts the tech sell-off following the latest round of tariff negotiations.

Analysis: First counterattack against Trump resembles economic Armageddon In a “real” war, the situation is now that enemy paratroopers have landed. Off the coast, aircraft carriers and other naval vessels are floating

Tech group leader sends startling eight-word message about tariffs

One expert believes much darker days are ahead and not just for his industry.